Rotary Endowment

History and Purpose
The Stockton Rotary Endowment was incorporated on March 3, 1982 on behalf of the Rotary Club of Stockton, California for the express purpose of receiving charitable gifts, donations and bequests, to fund annually designated charitable activities within the San Joaquin County area.

All monies given to the Stockton Rotary Endowment are added to the principal, which will remain in perpetuity in your memory. The monies so received are prudently invested and only the earnings from these investments fund the annual charitable gift allocations. The Stockton Rotary Endowment Officers and Trustees are composed of respected Rotary Club of Stockton members whose professions encompass the legal, investment and administrative disciplines. A professional investment firm is employed to manage the funds invested in SRE. These managers will maximize and enhance your contribution and help your gift grow.

The club solicits requests for funds for projects of deserving local charitable organizations each year. A Charity Allocations Request form is available by clicking here. Gifts to the endowment may be deductible for purposes of Income tax, Gift Tax, or Estate Tax.  The General Application Conditions can be seen here.  Detailed endowment Components can be seen here.

The Internal Revenue Service recognizes the Endowment as a public foundation, contributions to which may be deductible for all the above purposes on federal tax returns. The California Franchise Tax Board recognizes the Endowment as a tax-exempt organization.


The Fund
A summary of the Endowment appears below. Please click here to read a more complete description of the Endowment. This document is printable. Endowment Fund Components are as follows:

Since The General Charity Fund’s inception in 1982 over $300,000 in earnings have been distributed from the general component of the Stockton Rotary Endowment to numerous local agencies and organizations.
The Frank Thornton Smith Music Scholarship Fund Component provides College level scholarship assistance to music students of need an musical promise in Stockton high Schools or Delta college. The scholarship award exceeds $2,000 annually.
The Twenty Five Rotarian Community Service Scholarship Fund was established in 1993 by the Endowment Trustees. The college scholarship is granted to a high school graduating senior whose past community service exhibited high ethical standards, service to his/her high school, and to the Stockton community.
The Lange Family Health, Hunger and Clothing Fund was established in 1996 to provide funds to local charitable agencies who provide medical care, food and clothing to needy persons within San Joaquin County.
The Patmon Family Memorial Fund was established in 1997 to provide for the physical, emotional, and educational needs of homeless children residing within San Joaquin County, without regard to race or religious affiliation.
The World War II Memorial Fund was started during the Rotary Year 2002-03 when Rotary Club President, Robert Blower, requested the Stockton Rotary Endowment participate with the Rotary Club of Stockton in the construction of a memorial at Weber’s Point on property donated by the City of Stockton.

The memorial incorporates individual engraved named bricks honoring those persons who served in the Army, Army Air Force, Navy, Marines, and Merchant Marine. Completed in 2009, 827 individual memorial bricks are present at the site.

The Fund will insure that the memorial is maintained in a respectful and honorable way befitting those who are honored.

The Trustees of Stockton Rotary Endowment established the newest component of the Trust, The Woodward-Clark Rotary Library Fund, in September, 2004. The fund is named in honor of long-time Rotary Club of Stockton Secretary Jim Woodward and his wife, Axzine, and in memory of Philip and Elizabeth Clark, parents of Kathryn Wary, wife of Rotarian Richard Wary.

The purpose of the Library Funds for the purchase of children’s library books in public and not-for-profit private schools and libraries of San Joaquin County, for grades K-6. You may help the Stockton area permanently through the Stockton Rotary Endowment. Contact us for more information.